Replies to post #51257 on Moon Equity Holdings Corp (MONI)

[Maria56]

Oh, for anyone who is curious - the contracts on those wells are here, starting on page 22. I believe WOGI's share works out to 5% of revenue.

http://www.otcmarkets.com/financialReportViewer?symbol=WOGI&id=143098

Do NOT be confused - WOGI doesn't own this oil. According to filings, WOGI got money from Benchmark Standard LLC and passed most of it on to XITE Energy Inc to drill twelve wells on the Corse Farm. All the wells were drilled; six of them have repeated violations in 2016 and 2017 for being abandoned without plugging.

NO revenue from the wells, from the impressive 106 barrels reported, showed up on WOGI filings, even though I remember WOGI tweets counting as many as FOUR or FIVE truckloads!

Yup. Can't wait to see that oil GUSH!